Bit of a blue sky company but some interesting products. Plastic stronger than steel !!

In Sept it anounced its first agreement with a UK manufacturer involving the grant of a licence for the use of the 3DM Powder Impression Moulding (PIM) process. The first products intended to be manufactured using the PIM process are in the building products sector

http://www.3dmworldwide.com/index.htm

Price risen 12% today on little news and the US seller now seems to be out of the way.

There are some excellent post on this company on the Mike Walters site unfortunatly as a subscriber only site unable to reproduce

DYOR I hold shares

Any views welcome

Cods

It will be interesting to hear of an answer you get from them. Do you have a fibreglass boat and do sea fishing?

As this material is robust and strong as steel then I doubt you would suffer the same damage as a GRP hull. It would be useful to find out if the plastic has any shock absorbing properties if you make any enquiries.

I guess a prospective owner of a new boat with a plastic hull would want to know if the material is impervious to Osmosis of sea water seapage like GRP hulls are prone to which require the regular maintenance & treatment costs to prevent it.

Legins

No I don't have a boat but I have always understood that plastic was practically impossible to repair effectively. Obviously i could be quite wrong but if I was buying a boat I would want to know that repairs could be carried out cheaply and effectively. Anyway I've emailed the company and will report back. I may ring them on monday because apart from investment strategy I have a natural curiosity.

The web site cleary states that it can be repaired quickly and cheaply but don't give details so it will be interesting to see how it's done.

Legins

I've received a reply from TDM and it seems the stuff iseasy to repair.

I don't suppose TDM would mind me putting the reply up here.

"I am not sure what type of "plastic" you refer to as being difficult to repair.
It is possible you are referring to something like Bakelite or some grades of polyurethane, where the matertial is in fact a "thermoset" plastic.
these types are not however in the great majority of applications of today.
most commodity and engineering grades of plastic are meltable and reusable/recycleable.....a very important feature in most user applications. The materials called plastic in the vast majority of applications can be jointed / repaired very easily.
for instance.....where you see blue water or yellow gas pipes in lengths at the side of the road waiting to be laid....these are jointed using plastic welding rods or fusion couplings allowing the two components to be fused together. the same principal applies with large areas of damage.....either a "patch "of molton plastic can be inserted , or an entire section cut out and a new one welded in .
Indeed in most cases repair or jointing is extremely easy and has been done successfully for vewry many years.
I hope this answers your query adequately , but if you require further and more specific information , please do not hesitate to reply."

Seems a very satisfactory answer - what do you think?

cods

Option to Acquire Recycling Business

Good move for the future

http://www.uk-wire.com/cgi-bin/articles/200402130700063614V.html

3DM Worldwide PLC
29 March 2004


Press Release 29 March 2004



3DM Worldwide announces a Licence Agreement with Geomatrix Inc.


3DM Worldwide plc ('3DM' or the 'Company'), a leader in plastics technology
intellectual property, is pleased to announce the signing of a Development
Licence Agreement with Geomatrix Inc. of Michigan, USA.

Geomatrix is a supplier of wood and plastic products for the home consumer
building materials market in the United States and Canada. Geomatrix is a major
supplier to Lowe's Companies, Inc. (NYSE: LOW), a Fortune 100 company whose
sales in fiscal 2003 were US$30.8 billion. Lowe's serves approximately 10
million customers a week at more than 950 home improvement stores and, in 2003,
it was named as the USA's most admired specialty retailer. Geomatrix's other
customers include The Home Depot, Inc. (NYSE: HD) which describes itself as the
world's largest home improvement retailer and is the second largest retailer in
the United States, with fiscal 2003 sales of US$64.8 billion.

Under this agreement, Geomatrix has been granted a licence by 3DM to develop a
number of products in North America, beginning with lattice fence panelling,
decking, trim boards, door windows and trim mouldings used in residential home
construction.

The terms of the licence, which is initially for fifteen years and renewable
thereafter, call for a 10 per cent royalty to be paid to 3DM on the first US$10
million of product, subject to minimum sales of US$2 million in the first year,
US$10 million in the second year and US$20 million in the third year. There are
reducing royalties on sales above US$10 million per annum, set at 8 per cent on
sales of US$10 million to US$25 million and 6 per cent of sales above US$25
million. 3DM will retain ownership of its existing Intellectual Property, as
well as any new Intellectual Property developed from the existing applications.
Production is expected to start in the second half of 2004.

Initial research and development work for the product range will be undertaken
by Value Plastic Technologies LLC ('VPT'). Thereafter Geomatrix will source
full production manufacture through one of its own affiliates but with VPT
manufacturing and selling the bespoke machinery for 3DM's Powder Impression
Moulding ('PIM') process.

VPT is a specialist plastics business whose activities include the manufacture
of plastic processing machinery. Under the terms of an agreement that was
announced on 7th November 2003, 3DM has a 20 per cent interest in VPT, whose
President and Chief Technical Officer is Miguel Linares, previously President of
3DM Technologies Inc.

Ken Brooks, Executive Chairman of 3DM Worldwide plc said: 'Our November 2003
announcement on VPT said they would use a leased prototype PIM machine to
conduct R&D under a non-exclusive licence on potential PIM applications within
the consumer building materials industry in the United States. We were very
confident that our partners in VPT would be of great use to us in the North
American roll-out of the PIM process and this first deal introduced by them is
extremely exciting. We expect more from this source in the future.'


- Ends -



For further information:

3DM Worldwide PLC
Ken Brooks, Chairman Tel: +44 (0) 1993 779468
kenb@3dmworldwide.com
www.3dmworldwide.com

Update on 3DM Worldwide Investment and Licensing Deal with Highseas Technologies Limited



http://www.uk-wire.com/cgi-bin/articles/200403291539580552x.html

sorry janus - didn't realise there was another thread :-(

Very good news that needs two airings anyway, one for each piece of news ;-)

Regards

Adie2001

No problem Adie.

The Highseas website for those interested also Dixon Yachts design website

http://www.highseas.co.uk/

http://www.dixonyachtdesign.com/

From the Independant

Buzz about plastics

There is a growing buzz around 3DM Worldwide, the AIM-listed inventor of a revolutionary new manufacturing technology, a plastics moulding process it calls powder impression moulding. The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. 3DM is not a manufacturer, but rather licenses the technology to others, and in just the past week PIM has been signed up for use in yachts, door windows and fence panelling. The company is expected to make its first profit this year as royalties start to come through

Well I'm still in this and hopefully expecting a bounce this afternoon...Could be wrong of course !

Some comments from the papers today

Guardian

On AIM, 3DM Worldwide was one of the biggest losers after investment website T1PS.com claimed the market capitalisation of the loss-making plastic moulding technology company, at 52m, was almost impossible to justify.

T1PS has written to 3DM asking for clarification on a number of issues, the most interesting of which concerns Silkwood Financial Corporation.

As close followers of the company will know, 3DM agreed a $15m (8m) five-year royalty deal with Silkwood earlier this year.
The company, however, which has yet to file its annual report, has been unable to provide T1PS with a contact name or number for Silkwood.

Telegraph

Plastics developer 3DM Worldwide tumbled 20.5 to 78p after share tipping website t1ps.com said it "cannot see how the current share price is justified". Simon Cawkwell, the bear trader nicknamed "Evil Knevil" is understood to be bullish the stock.

Independent

3DM Worldwide came under heavy selling pressure for the third day in a row, sending the group's shares crashing 20.5p to 78p. Such was the hurry of some investors to exit the stock that sellers were willing to accept prices as low as 68p, a level at which a block of 375,000 shares crossed the market. The plastics developer has until the end of the month to post its 2003 results otherwise its shares face suspension.

Mail

Following a weighty 'sell' article on t1ps.com, the investment website, investors bailed oit of Aim-listed 3DM Worldwide in droves.
Shares of the company, which owns intellectual property rights to a process that converts waste plastic into a form harder but much lighter than steel, crashed to 69p before closing 20.5p down at 78p.

Interesting times. I am led to believe that TDM are talking to their lawyers re the insinuations on t1ps.com and a statement will probably be made today

I have also asked this on ADVFN.

Can anyone supply a location or contact details for "Silkwood Financial Corp"?

I have looked on google, but without success!

Andy, nobody seems to know. That was one of the questions T1ps asked without a response.
It would also seem that there is not now going to be a statement today, not even to announce when the results are going to come out !

Wounded 3DM looks to results to silence critics
By Stephen Foley
07 June 2004


The most eagerly anticipated results due from AIM are the delayed full-year figures from 3DM Worldwide, a company at the centre of an extraordinary bear raid. An anonymous dossier on the company has been circulating in the City over the past few days, prompting a furious response from the company and its fans. They insist the results will put an end to the sniping.

An Oxfordshire company, 3DM has invented a revolutionary manufacturing technology: a plastics moulding process it calls powder impression moulding (PIM). The process uses recycled material and is energy efficient, and the resultant product can be made as strong as steel. We have reported in this column before the buzz being generated by a string of licensing deals with other companies hoping to use PIM for new products, including yachts, scaffolding and fences.

It is these deals that are the subject of the bear raiders' innuendo. Most of the licensees are start-up ventures, and several are run by former 3DM executives. 3DM has also paid for equity stakes in several of its partners. No household names have taken on the technology.

For its part, 3DM argues these sorts of deals are the quickest and most sensible way of getting a revolutionary technology developed. Of course former directors are going to be fans of PIM and have their own ideas for start-up companies that could use the technology, it says.

The case against 3DM is being argued by Tom Winnifrith, the former presenter of Channel 4's dot.com era game showShow Me The Money, through his online tipsheet, t1ps. He says the company has refused to answer simple questions about its business partners, but admits he might "look a right Charlie" if the 2003 results answer all his objections.

The delay as the results are checked with advisers has frustrated fans of 3DM, who watched as 16m was wiped off the value of the company last week, leaving it valued at 61m. They hope for a company statement this week, and 3DM certainly has to file figures before the end of the month or face being suspended from AIM
http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=528998

Interesting to see that Mike Walters has posted a piece about TDM and he seems happy with the way things are.

http://www.michaelwalters.com/

Results out on Monday 14th June

Not a promising company as its price has dropped from 2.10 to 87p now. Simon Cawkhill (Evil Knievil is wrong this time.

janus,

I would be somewhat nervous of holding this on Monday, because, IF the results aren't good, and they do not answer some of the questions regarding their structure that have been asked of late, in particular re Silkwood, the shorters will be basck IMHO, and the proce could really be clobbered.

Good luck to all.

2.10 are you sure you have the correct share ? Results Monday I'm happy to wait !

Andy, I have to admit after reading that sell note from Tom Winnifrith last week I was somewhat worried. I understand he has put out a further sell note today, this on the basis of post on the Mike Walters site and in which he has breached copyright and even then would seem to have misinterpreted.

I am happy to hold these at this time and have made my own enquiries.
Bob Erickson at Geomatrix seems a straight guy and seems very upbeat on the TDM process. Tel: (248) 643-7764. Fax: (248) 643-7860.

Vtech 248) 853-6750 or Value tech wont say much at all as they are under a confidentialty agreement,not unusual. They do have a website which tells what they make.

http://www.vptech.us/

The only thing that is curious is Silkwood but I am assured that its all ok and I am happy to continue holding at this time

I would expect the chairmans statement to clear up any questions.

Of course I could be wrong so DYOR